You, a farmer, anticipate taking 80,000 bushels of soybeans to the market in three months. The current cash price for soybeans is $5.85. The size of the futures contract is 5,000 bushels per contract and the current three-month futures price is $5.88. If you wanted to hedge one-half of your exposure to a drop in the value of soybeans, how many futures contracts would you buy or sell?

A. Sell sixteen futures contracts B. Buy sixteen futures contracts C. Sell eight futures contracts D. Buy eight futures contracts E. Sell four futures contracts